insurance

[avelli2000]

I am going to start my business in the most legitimate fashion possible, and that means liability insurance is a must. The first year of operation will be part-time, servicing about forty small homes. How much insurance should I get for such a small business?

Thanks,

Paul

[Hawkeye5]

reply

Paul: Your agent will advise you, but a GL minumum of 300/600, and look at 500/1,000 as the cost to increase limits is generally reasonable. Don't forget the auto insurance also! If you have more assets to protect, go higher and consider a $1 million umbrella. Some commercial accounts may require the $1 million. JD

[kevin11946ny]

reply

anyone know how much insurance runs from the high end to the low end...

i definitly would not get inusrance as of now..so for no one even askes me for it..but i will need it with commercial, but just started a couple weeks ago

cant see getting insurance for under 10 accounts

[Jack]

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anyone know how much insurance runs from the high end to the low end...

i definitly would not get inusrance as of now..so for no one even askes me for it..but i will need it with commercial, but just started a couple weeks ago

cant see getting insurance for under 10 accounts


<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Arial, Helvetica" size=2 id=quote>

[Jack]

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I think it does not matter if you have 10 accounts or 50 accounts. Sit down with a good Independent insurance agent, and let the agent work something out for you. Also if you have someone helping you, let the agent know, the coverage for a part time employee is not that much.

[Maddog]

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Coverage is not hat expensive considering the risks of not having the coverage. I presently have a policy that I picked up when I only had 10 to 12 accounts. It was set up for 85% green industry and 15% home repair/handiman type work for up to 3 employees. $500,000 is what I have and runs around $700-750 a year. I will be increasing my coverage to double, $1,000,000.00, next month when it is time to renew for only about $75.00 more a year.

Wayne

[WLS]

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kevin11946ny ; What happens if your mowing one of you 10 clients, and a rock, golfball, or blade hits one of them? Insurance is a must. I'm not trying to be a smart**s. see ya

Bernie

[trent88]

I am going to start my business in the most legitimate fashion possible, and that means liability insurance is a must. The first year of operation will be part-time, servicing about forty small homes. How much insurance should I get for such a small business?

Thanks,

Paul

This maybe an old thread but to benefit the viewers of this forum, I suggest you shop for insurance online. I checked on the net found it to be easier. So for those who are in a similar situation as avelli2000, go online when shopping for insurance. The place I went to is www.insurancepaylite.com they were able to give a quote that was acceptable to me in the speediest time. Anyways hope this helps you guys.

[Georges Lawn & Mulch]

anyone know how much insurance runs from the high end to the low end...

i definitly would not get inusrance as of now..so for no one even askes me for it..but i will need it with commercial, but just started a couple weeks ago

cant see getting insurance for under 10 accounts

ONE lawsuit from the 10 accounts could bankrupt you. IS saving a few hundred bucks worth that?

[Lawn Detailers]

Get the insurance.You might get a call from a commerical business and you wouldnt have the required insurance.Cover yourself and your assets.